Asian Development Bank Funds 126 MW Solar And 151 MWh Storage In Thailand

The $350 million package underscores the importance of storage in managing solar variability.

Energy Market Reforms Link Vietnam’s Direct Power Purchase Agreements With Capacity-Based Billing

Regulatory revisions explored to separate infrastructure costs from DPPA service charges in Vietnam.

ASEAN Power Grid Framed As Investable Infrastructure Opportunity Amid Rising Regional Demand

Regional electricity trade through the ASEAN Power Grid could enhance supply flexibility.

Silent Sanctuary Kicks Off Sold-Out Japan Tour, Singapore Show Next; “UNA” Coming Soon

Silent Sanctuary’s growing global audience underscores the enduring appeal of Filipino music.
SEND TO: pressreleases@pageonemedia.com

American-Taiwanese Luggage Manufacturer Eyes Philippine Expansion

PEZA announces that PLG Prime Global Co. is looking to establish a new factory in the Philippines.

American-Taiwanese Luggage Manufacturer Eyes Philippine Expansion

3051
3051

How do you feel about this story?

Like
Love
Haha
Wow
Sad
Angry

American-Taiwanese luggage manufacturer PLG Prime Global Co. is exploring the Philippines for its next factory, the Philippine Economic Zone Authority (PEZA) said Tuesday.

PEZA Director General Tereso Panga met with representatives of PLG Prime, accompanied by Manila Economic and Cultural Office Board of Director Wilson Tecson and PEZA investment promotion partner Jayson Sze on April 16, the agency said in a news release Tuesday.

PEZA said PLG Prime presented to Panga its plan to build a manufacturing facility in Hermosa, Bataan.

“When you’ve got American, Chinese, Taiwanese, and even Vietnamese manufacturers knocking on your door, you know something’s shifting, and it’s shifting towards our direction. The Philippines is back in the conversation,” the PEZA chief said.

Panga, on the other hand, discussed the Philippines’ Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act, which can benefit the company shall it locate its next project here.

The tax incentives law makes the Philippines more globally competitive and investment-friendly.

Panga also highlighted that the Philippines is becoming a smart investment destination in Southeast Asia given the emerging China+2 strategy — China and Vietnam plus another member state of the Association of Southeast Asian Nations.

PLG Prime has manufacturing facilities in Taiwan, China, and the United States. (PNA)